Re:Tesla Mania vs. Economic Reality
by siddarthd2919 on Wednesday December 23, 2020 @07:59AM
(#25517126)
Why is Tesla being singled out? Compare DOW 30 vs economy or SPY(Pre Tesla) vs economy. Same story
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I'm far more comfortable investing in TSLA than IBM. IBM has had a great run and made major contributions to computing over the past 50 years. But now it is a sham company that tricks executives into buying buzzword bingo services. When enough people get burnt by their lack of results their reputation will take a turn and they will have a downward spiral. Orcl will buy them within the next 10 years.